Jiangxi Copper Company Limited (HKG:0358)

Jiangxi Copper Company Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	518,566	519,671	478,328	441,192	317,525
Other Revenue	2,362	2,222	1,610	1,575	1,038
Revenue	520,928	521,893	479,938	442,768	318,563
Revenue Growth (YoY)	-0.18%	8.74%	8.39%	38.99%	32.54%
Cost of Revenue	503,211	508,624	466,692	426,019	307,857
Gross Profit	17,717	13,268	13,246	16,748	10,707
Selling, General & Admin	3,199	2,825	2,756	2,678	2,068
Research & Development	1,118	1,020	903.06	874.11	661.24
Other Operating Expenses	1,703	1,550	1,536	1,122	912.65
Operating Expenses	6,236	5,374	5,389	4,870	4,328
Operating Income	11,482	7,894	7,858	11,878	6,378
Interest Expense	-2,536	-2,339	-1,978	-2,030	-1,962
Interest & Investment Income	2,078	2,340	2,288	814.72	887.83
Currency Exchange Gain (Loss)	-72.9	172.14	237.81	6.82	-124.89
Other Non Operating Income (Expenses)	-316.6	-260.61	-182.89	-399.63	-510.49
EBT Excluding Unusual Items	10,635	7,807	8,222	10,270	4,669
Impairment of Goodwill	-17.19	-	-	-	-
Gain (Loss) on Sale of Investments	-1,650	342.79	-796.61	-1,974	-936.38
Gain (Loss) on Sale of Assets	-13.34	15.38	8.25	40.06	-76.74
Asset Writedown	-313.34	-256.85	-276.98	-1,223	-515.98
Other Unusual Items	468.02	471.88	334.74	188.25	196.76
Pretax Income	9,109	8,380	7,492	7,301	3,336
Income Tax Expense	1,686	1,404	1,403	1,387	892.59
Earnings From Continuing Operations	7,424	6,975	6,089	5,914	2,444
Minority Interest in Earnings	-461.36	-470.39	-94.87	-278.36	-123.42
Net Income	6,962	6,505	5,994	5,636	2,320
Net Income to Common	6,962	6,505	5,994	5,636	2,320
Net Income Growth	7.03%	8.53%	6.36%	142.87%	-5.92%
Shares Outstanding (Basic)	3,455	3,463	3,463	3,463	3,463
Shares Outstanding (Diluted)	3,455	3,463	3,463	3,463	3,463
Shares Change (YoY)	-0.21%	-	-	-	-
EPS (Basic)	2.01	1.88	1.73	1.63	0.67
EPS (Diluted)	2.01	1.88	1.73	1.63	0.67
EPS Growth	7.26%	8.53%	6.36%	142.87%	-5.92%
Free Cash Flow	-4,083	4,120	5,326	6,160	-2,265
Free Cash Flow Per Share	-1.18	1.19	1.54	1.78	-0.65
Dividend Per Share	0.700	0.600	0.500	0.500	0.100
Dividend Growth	16.67%	20.00%	-	400.00%	-
Gross Margin	3.40%	2.54%	2.76%	3.78%	3.36%
Operating Margin	2.20%	1.51%	1.64%	2.68%	2.00%
Profit Margin	1.34%	1.25%	1.25%	1.27%	0.73%
Free Cash Flow Margin	-0.78%	0.79%	1.11%	1.39%	-0.71%
EBITDA	14,264	10,567	10,400	14,470	8,907
EBITDA Margin	2.74%	2.02%	2.17%	3.27%	2.80%
D&A For EBITDA	2,783	2,672	2,542	2,592	2,528
EBIT	11,482	7,894	7,858	11,878	6,378
EBIT Margin	2.20%	1.51%	1.64%	2.68%	2.00%
Effective Tax Rate	18.50%	16.76%	18.73%	19.00%	26.75%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.